For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, New Gold Inc (AMEX: NGD) closed at $3.43 down -1.15% from its previous closing price of $3.47. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 36.94 million shares were traded.
Ratios:
For a deeper understanding of New Gold Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.51. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on March 26, 2025, Upgraded its rating to Buy and sets its target price to $3.90 from $2.60 previously.
Valuation Measures:
As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.51, and their Forward P/E ratio for the next fiscal year is 4.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.97 while its Price-to-Book (P/B) ratio in mrq is 2.58.
Stock Price History:
Over the past 52 weeks, NGD has reached a high of $3.86, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is 7.57%, while the 200-Day Moving Average is calculated to be 22.58%.
Shares Statistics:
A total of 790.93M shares are outstanding, with a floating share count of 760.39M. Insiders hold about 3.91% of the company’s shares, while institutions hold 53.77% stake in the company.
